BUSINESS

US stock indexes finish mixed on day e-commerce giant Alibaba debuts

09/19/2014 04:14 EDT | Updated 06/16/2017 01:02 EDT
NEW YORK, N.Y. - U.S. stock indexes are ending mixed on a day when the Chinese e-commerce giant Alibaba made its big debut in the market.

The Dow Jones industrial average edged up 13 points, or 0.1 per cent, to close at 17,279 Friday, the third straight day the blue-chip index closed at an all-time high. The Dow is up 1.7 per cent for the week.

The Standard & Poor's 500 index fell less than one point, or 0.1 per cent, to 2,010, but finished the week up 1.3 per cent.

The Nasdaq ended down 13 points, or 0.3 per cent, to 4,579.

Alibaba soared 38 per cent on its first day of trading. The Chinese e-commerce giant rose $25.89 to close at $93.89.